just as a comparison
ETH has 288,000 out of 27,000,000 up for sale (~0.4%)
VNL has 900,000 out of 9,000,000 up for sale (~10%)
on the first few rises on vanilla, the was a mere 100k up for sale, now were almost 10x that, someone is manipulating.
and i get a feeling it has something to do with the chinese miners, who claim the will suppress the price and its "game over for vnl" in their words.
this is not looking good, still holding tho.
Just a comparation
ETH is 99% ICO coin with 10 hours confirmation and double spend problems without proper GUI wallet so basicaly semiproduct. Whales playground. Huge bubble.
VNL is 99,93% mined coin, with ZT technology, with 1 confirmation on exchanges, without double spend possibility, with basic GUI and 100% development, suppresed by few whales and big china miner because john-connor won't listen their demands for p'n'd games.
This actualy looks better than anything out there.
Poloniex exchange 'situation' can be solved with 1 click.
i was not comparing the coin or tech to vanilla in any way, i was just pointing out the supply/up for sale ratio in comparison to other coins. and the fact we have 20x more than the majority of coins up for sale at one time, suspicious. i just feel we are being manipulate.
ill continue to hold, im in it for the tech not the price, and eventually the price will represent the quality of the tech